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The Madness of Crowds - Commentary Magazine
Fueled by easy credit, the real-estate market had been rising swiftly for some years. Members of Congress were determined to assure the continuation of that easy credit. Suddenly, the party came to a devastating halt. Defaults multiplied, banks began ...

Local bankruptcies have risen sharply - Louisville Courier-Journal
Transferred to Louisville from Oregon 2½ years ago, Ed and Cherri Dubiak had trouble selling their old home and soon found themselves overwhelmed by bills, including $65,000 in credit-card debt. "Every credit card I had was getting maxed out," said ...

An economy on the edge - Detroit Free Press
We're really going to have to wait and see how well this works. And we're going to have to get more details and insight, something lacking on Tuesday. Do we have a credit freeze? Yes. Will these new blowtorches melt the ice? We'll see. The Republican ...

February 2007 - Times Union Blogs
The Capitol. The seat of state government. Where influential politicians craft laws and crafty lobbyists peddle influence. Where hopeful citizens try to get their voices heard. Get a look behind the scenes at New York politics and statewide campaigns ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

Old-school banking for Albany Bank's CEO - Chicago Tribune
Robert Gecht is fond of saying that he looks like a stereotypical banker: bald and partial to dark suits, preferably Armani, on his trim 5-foot-7 frame. He hopes customers find his mien reassuring. And the mustache? "That's old school," explained ...

30-year mortgages fall to 6.2% - Albany Business Journal
Mortgage rates fell this week as consumers cut their spending amid an economic downturn and a major slump in the labor market. Mortgage finance firm Freddie Mac reported Thursday that 30-year fixed-rate mortgages averaged 6.2 percent this week. That ...

Apartment rents remain unchanged - AZCentral.com
SAN FRANCISCO - While homeowners may be weathering rising mortgage rates or dropping property values, apartment renters have a bit of relief. Apartment rents, as well as apartment occupancy, across the country were virtually unchanged in the third ...

Apartment rents stable across U.S. - Los Angeles Times
Reporting from San Francisco -- While homeowners may be weathering rising mortgage rates or dropping property values, apartment renters have a bit of relief. Apartment rents, as well as occupancy, were virtually unchanged across the country in the ...

Aussie Home Loans cuts interest rates, challenges others - News.com.au
AUSTRALIAN banks have faced another challenge to lower mortgage costs as Aussie Home Loans slashed a half a per cent from its interest rates. The Federal Government has claimed direct responsibility for yesterday's decision by Aussie chairman John ...